The Co-operators acquires Brokerage in Quebec

MONTREAL -- The Co-operators announced it has purchased Assurances Madelein Inc. (Assurances Madelein) in Laval, Quebec.

The brokerage's portfolio includes personal and commercial insurance policies. Any existing insurance coverage a client has will remain unchanged and in effect for the current term of their policies.

"This acquisition further strengthens our distribution system and the co-operative presence in Quebec," said Rob Wesseling, president and CEO of The Co-operators. "With our continued growth in the province, we are able to deepen our connection to our Quebec clients helping us better understand their unique needs and help them accomplish their financial goals.